US Congress Requests Moratorium on Facebook’s Libra Stablecoin
The U.S. House of Representatives Committee on Financial Services requested that Facebook imposes a moratorium on the development of its stablecoin Go to Source Powered by WPeMatico
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Economist Joseph Stiglitz: Only a Fool Would Trust Facebook’s Libra
“Every currency is based on trust, but only a fool would trust Facebook’s Libra” noted Nobel laureate in economics Joseph Stiglitz Go to Source Powered by WPeMatico
Advocacy Groups Call on Congress to Stop Libra Development Until July Hearings Take Place
33 advocacy groups have signed a letter looking to halt development of Libra until Congress and regulators have addressed a number of questions on the project Go to Source Powered by WPeMatico
Survey: Facebook’s Stablecoin Libra Unlikely to Become Mainstream
Per Jefferies’ recent survey, Facebook’s users are unlikely to purchase Libra Go to Source Powered by WPeMatico
ZenGo Demonstrates Proof-Of-Concept of a Keyless Wallet for Facebook’s Libra
ZenGo publishes its open source project, which purports to provide proof-of-concept that its keyless wallet product can support Facebook’s Libra Go to Source Powered by WPeMatico
Report: Facebook Seeks BitLicense From New York State Regulator
Facebook is reportedly seeking to gain a BitLicense from the NYDFS to comply with local regulations as it attempts to launch Libra as a global virtual currency Go to Source Powered by WPeMatico
Official: Russia Will Not Introduce Separate Regulation for Facebook’s Libra
Russia’s Deputy Finance Minister Alexei Moiseev said Russia will not introduce separate legislation regarding Facebook’s Libra Go to Source Powered by WPeMatico
Report: Over 100 Fake Domains Registered Relating to Facebook’s Libra
Researchers at Digital Shadows have reportedly discovered over 100 fake domains registered relating to Facebook’s Libra stablecoin project Go to Source Powered by WPeMatico
5 Statements Confirming the Media Still Doesn’t Understand Bitcoin
It is a well-known fact mainstream media outlets seemingly have a love-hate relationship with Bitcoin and other cryptocurrencies. Some say this is due to ignorance, whereas others see it as blatant fear mongering. Regardless of which explanation fits the narrative, the recent opinions by Jonathan Trugman are quite interesting in their own right. Libra Will … Read more
A Partner at Binance Labs Expresses Optimism Over Facebook’s Entry Into Crypto With Libra
A partner at Binance Labs thinks Libra has been good for crypto and foresees cooperation between Facebook and Binance Go to Source Powered by WPeMatico
